Endowment Effect

The Endowment Effect describes the tendenca of individuals to place greater value on objects they own than on the same or a similar objekt they do not own. In this module, evidence for the universality of the endowment effect is studied using a representative sample. In addition, measures of loss aversion can be linked with the trading decision in the experiment.

Contact

Syear

Respondents

Dataset

Variables

Availability

Field

Method

Replication

Dietmar Fehr (Universität Heidelberg)

2018

~3200

inno

endef_03, endef_01, endef_07a, endef_06a, endef_05f, endef_07b, endef_kont1, endef_05d, endef_hh_dummy, endef_05b, endef_06b, endef_04a, endef_05a, im_endef, endef_05c, endef_01_1, endef_05e

04/2021

Economics

Experiment

2022